Scholarship As A Form Of Financial Aid
- Date: 2008-09-28 - Word Count: 435
Share This!
Scholarship is a form of award for an individual student scholar, for the purpose of furthering their education. Scholarships are awarded to the students based on a range of criteria reflecting the values and purposes of the donor of the award. Scholarships are classified into different groups. On the basis of merit the financial need is not used to determine the recipient. It may be determined by the student's athletic, academic, artistic or any other abilities. The monetary value of the merit scholarship may be negligible, but it may mean to motivate the student and promote the study of the subject.
Certain scholarships as need are financial aid for which the student and families financial situation acts as a primary factor in determining the recipient. Such scholarships cover all or a part of the tuition and may also cover the living costs. In such cases the scholarships require the awardees to be distinguished students. Some scholarships may also require the initial qualification of the applicants to initially qualify by race, religion, or national origin. After going through the process of filtering the applicants based on their ethnicity, and considering additional factors to determine the final recipients.
Scholarships may also be awarded by the specific college or institution to the student who is planning to attend that institution or university. Scholarships may also be awarded for reasons of the student's association with the objectives of the sponsoring organization. Some scholarships may also have a bond requirement. The recipient of the scholarship may be required to work for a particular employer for a specific period of time or else they may be required to repay the value of the support that they had received from the scholarship. When starting to explore scholarship opportunities a student can check in with their guidance counselor which can act as a reliable resource for local scholarships. Many countries have also set up local foundations which are dedicated in giving money in the form of grants to the students and organization in the area. Certain foundations may also offer scholarships for entrepreneurial endeavors. Many labor unions may also offer scholarships for members and their dependent children. Many organizations may also offer scholarships to the students whose background may overlap the field of the organization. Charity organizations may also offer help, especially if the late parents of the student asking for help were the members of the organization.
Certain well established universities may also have funds to finance the studies of extremely talented students for their higher studies. To get the aid the student must be highly eligible or among the nation's best.
Certain scholarships as need are financial aid for which the student and families financial situation acts as a primary factor in determining the recipient. Such scholarships cover all or a part of the tuition and may also cover the living costs. In such cases the scholarships require the awardees to be distinguished students. Some scholarships may also require the initial qualification of the applicants to initially qualify by race, religion, or national origin. After going through the process of filtering the applicants based on their ethnicity, and considering additional factors to determine the final recipients.
Scholarships may also be awarded by the specific college or institution to the student who is planning to attend that institution or university. Scholarships may also be awarded for reasons of the student's association with the objectives of the sponsoring organization. Some scholarships may also have a bond requirement. The recipient of the scholarship may be required to work for a particular employer for a specific period of time or else they may be required to repay the value of the support that they had received from the scholarship. When starting to explore scholarship opportunities a student can check in with their guidance counselor which can act as a reliable resource for local scholarships. Many countries have also set up local foundations which are dedicated in giving money in the form of grants to the students and organization in the area. Certain foundations may also offer scholarships for entrepreneurial endeavors. Many labor unions may also offer scholarships for members and their dependent children. Many organizations may also offer scholarships to the students whose background may overlap the field of the organization. Charity organizations may also offer help, especially if the late parents of the student asking for help were the members of the organization.
Certain well established universities may also have funds to finance the studies of extremely talented students for their higher studies. To get the aid the student must be highly eligible or among the nation's best.
Related Tags: student loan repayment
Learn more about student loan repayment at www.studentloanrelief.org Your Article Search Directory : Find in Articles
Recent articles in this category:
- Payday Installment Loans: Ideal Funds That Supports Your Impending Needs
Any impending monetary crisis will be tough to deal with, if you are not having adequate funds. Neve - Educational Loans -helps To Secure Bright Future
Education is said to be the most important thing in ones life. It not only helps to improve the stan - One Hour Payday Loans No Faxing - Fastest Option Of Acquiring Money
Nowadays, loans have become a common thing among the UK people as needs are rising while the salary - Tenant Loans - Instant Monetary Support For Non Homeowners
Are you looking for an unsecured financial help that does not demand security to place against the r - Payday Loans No Faxing - No Verification And Delay
So many times, the approval of the loan gets delayed due to the lengthy paperwork and documentation. - Bad Credit Car Loans -helps You Finance A Car
Are you in need of a new car? Here bad credit car loans can offer you finance as you need. Perhaps y - Logbook Loans - Friendly Deal For Car Owners
Everyone knows that logbook is a paper issued by driver and vehicle licensing agency. This important - Same Day Loans For People On Benefits - Quick Money For Instant Financial Hold
Urgent and unpredictable demands might arise at times when you are not financially prepared. To deal - 3 Month Payday Loans - Feel Free With Longer Repayment Option
Are you looking for the loan that can give you small cash, but for longer duration? Are you worried - Loans For Bankrupt People - Look Forward For Financial Stability
Financial acronym or injury and inability for reimbursement to the concerned are known as insolvency
Most viewed articles in this category:
- Unsecured Personal Loans - Loan for the Common Man
Loans can broadly be divided into two types - unsecured loans and secured loans. Secured personal lo - High Risk Unsecured Personal Loans at Nominal Interest Rate
Today, unsecured loans gave grabbed the market as more and more people are opting for it. The loan m - Personal Loans-Don't Suppress Your Financial Needs
Personal loans can be segregated into a secured and an unsecured loan option. If you are a homeowner - Take the Loan; Show No Reason
If you are in need of a loan and want to utilise it for any purpose without showing the reason to th - No Compromise With Your Pleasure, Have Your Own Car
On a fine morning, you get up to see the sun shining brightly in the sky, leaving the world bathed i - Subsidized And Unsubsidized Student Loans!
These loans carry different loan terms and different requirements. According to the student situatio - Interest Rate: The Key Factor on Car Loans!
There are such wide variations in APR between lenders that you can end up overpaying on your car loa - Fight Against Tight Financial Situation With Personal Loans UK
It is always better to prepare yourself for unforeseen or unexpected expenses. If you are not born w - Advantages And Disadvantages Of Lack Of Security On Loans!
The unsecured nature of these loans attracts tenants but homeowners as well. However, in order to de - Unsecured Personal Loans-A Loan Everybody Is Eligible To Procure
Unsecured personal loans cater to urgent day-to-day financial requirements, and have become very pop